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AES AES PANAMA — Long-Lived Assets

Other geography segments

UNITED STATES
$25.26B
CHILE
$3.56B
DOMINICAN REPUBLIC
$805M
PUERTO RICO
$572M
El Salvador
$472M
ARGENTINA
$437M
BULGARIA
$421M
COLOMBIA
$358M
Mexico
$275M
JORDAN
$38M
Brazil
$0
VIET NAM
$0

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FSTRCanada — Long-Lived Assets
$498K+230%

Other financials

Income statement

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Revenue$3.2B+8.7%
Gross profit$640.0M+45.1%
Net income$487.0M+959%
EPS (diluted)$0.68+871%

Balance sheet

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Cash & equivalents$2.3B-9.6%
Total debt$1.2B+17.8%
Total equity$4.4B+27.5%
Total assets$52.8B+8.6%

Cash flow

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Operating cash flow$1.2B+120%
CapEx$1.8B+40.8%
Free cash flow-$565.0M+20.3%

Valuation

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Market cap$10.49B+14.7%
P/E7.8×-2.2×
P/S0.8×+0.1×

Profitability

See full
Gross margin19.3%+1.7pp
Net margin10.8%+0.2pp
FCF margin-11.8%-4.4pp

Returns & leverage

See full
Return on equity34.3%-6.4pp
Debt / equity0.3×0.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by AES in its filing.

Tagged under the XBRL concept us-gaap:NoncurrentAssets.

The source filing: AES’s 10-K, filed March 2, 2026.

Filed
Mar 2, 2026, 4:19 PM EST
Fiscal year
FY2025
Accession
0000874761-26-000063
Year Ended December 31,Total Revenue / 2025Total Revenue / 2024Total Revenue / 2023Long-Lived Assets / 2025Long-Lived Assets / 2024
El Salvador1,0861,036935511472
Mexico760462536267275
Bulgaria687478528186421
Panama6496666441,8291,882
Colombia422686706435358
Argentina366318407475437
Vietnam (2)321312344
Jordan628973638

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is AES's PANAMA — long-lived assets?
AES (AES) reported PANAMA — long-lived assets of $1.83B in Q4 2025.
How has AES's PANAMA — long-lived assets changed year-over-year?
AES's PANAMA — long-lived assets decreased by 2.8% year-over-year, from $1.88B to $1.83B.
What does PANAMA — long-lived assets mean?
This metric measures the carrying value of non-current, tangible, and intangible assets located within the Panama segment, including power plants, transmission infrastructure, and long-term service agreements. It represents the capital intensity of the regional business and the scale of the physical footprint required to support ongoing energy operations.

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